Ocupation: Economist
Life: b. March 6, 1926
Birthday: March 6
I believe that the general growth in large [financial] institutions have occurred in the context of an underlying structure of markets in which many of the larger risks are dramatically -- I should say, fully -- hedged.
source: "Taking Hard New Look at a Greenspan Legacy" by Peter S. Goodman, www.nytimes.com. October 8, 2008.
topic: Believe, Risk, Growth, Financial Institutions